Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.
Earnings for Cerence Inc. (CRNC)
Earnings in 2024 (TTM): $-584,610,000
According to Cerence Inc.'s latest financial reports the company's current earnings (TTM) are $-584,610,000. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Cerence Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2024 | $-584,610,000 | $-588,078,000 |
| 2023 | $-36,389,000 | $-56,254,000 |
| 2022 | $-198,751,000 | $-310,826,000 |
| 2021 | $48.27 M | $45.89 M |
| 2020 | $-26,140,000 | $-20,631,000 |
| 2019 | $14.42 M | $102.08 M |
| 2018 | $36.8 M | $5.88 M |
| 2017 | $63.2 M | $47.28 M |
| 2016 | $47.26 M | $34.94 M |